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Mapfre signs EUR 1.36 billion bridge loan with Citibank, Deutsche Bank for Safety deal

PUBT·07/23/2026 21:14:14
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Mapfre signs EUR 1.36 billion bridge loan with Citibank, Deutsche Bank for Safety deal
  • Mapfre signed a bridge loan facility of up to EUR 1.36 billion with Citibank, Deutsche Bank to fund the Safety acquisition.
  • Bridge financing removes a funding condition for the all-cash deal valued at USD 1.54 billion, priced at USD 105 per share.
  • Permanent funding planned via about EUR 700 million of Tier 2, EUR 500 million of senior debt, remainder via bank debt.
  • Transaction expected to cut the Solvency II ratio by about 10 percentage points, within the 175%-225% target range.
  • Group leverage ratio expected to rise by about 7 percentage points.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mapfre SA published the original content used to generate this news brief on July 23, 2026, and is solely responsible for the information contained therein.